Unit Prices

Unit prices are updated to this section of the web site at the end of each month. Because of delays in receiving the valuation of some assets of the Fund, particularly the value of investments that the Third Link Growth Fund holds in other managed investment schemes, under normal circumstances it is expected that month end unit prices will be calculated and available within 10 business days after the end of the relevant month.

Units allocated to investors as a result of valid applications received and accepted during a month will usually be based on the ‘Entry Price’ struck at the end of the month, which is the unit price adjusted for estimated transaction costs from investing new moneys (currently estimated at 0.25 per cent).

When income distributions are made from the Fund, the unit price decreases by the extent of the income distribution. If you choose to have your income distributions reinvested you will be issued further units when each distribution is made. Transaction costs do not apply to units issued as a result of income distributions reinvested.

Withdrawal requests received before 3.00pm Australian Eastern Standard Time at least 10 clear business days before the end of the month will usually be processed using the ‘Exit Price’ calculated at the end of the relevant month. Withdrawal requests after this time will usually be processed using the ‘Exit Price’ calculated at the end of the following month. The Exit Price represents the unit price adjusted for estimated transaction costs from realising investments to meet withdrawal requests (currently estimated at 0.25 per cent).